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Strategies & Market Trends : Waiting for the big Kahuna

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To: robert b furman who wrote (48891)10/17/2000 11:57:02 AM
From: Chip McVickar  Read Replies (2) of 94695
 
Bob,

NVLS on the weekly charts has a Gap Up back in October '99, which is about to be closed just below 30.00...?

This whole area at 29-30 technically is very important.

As to the 3 day wiggles Nasdaq/OEX daily charts...
The lows of yesterday have both been taken out which is the positive. Todays bar must close above the first days high to complete the 3 day wiggle. If this fails then we move towards the 5 day pattern.

Thought you'd like to know...? <smile>

Chip
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